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Search Results 0 to 19 of about 20 (some duplicates have been removed)
to steve. >>> mostly sunny this morning by this afternoon we will be talking about rain and we could sure use it but here is some patchy low clouds and upper 60s and lower 70s inland. >>> coming up on mornings on 2, violence in the east bay, police are searching for a man who committed a knife attack. >>> and the pope will be officially inaugurated tomorrow and we have new details we found out about the ceremony, stay with us, we will be right back. >>> we're live in alameda where a st. patrick's day bar fight ends with a stabbing. we'll tell you what police are saying about the suspects who got away. >>> a memorial is set up this morning to remember the two victims killed in a raceway crash in the north bay as investigators look into the house. >> reporter: and vallejo police this morning, working to track down the person who killed and elderly man at a home in this city. we'll tell you about the key witness to this deadly shooting. >>> plus -- the thick, black smoke and ash that covered a lot of contra costa county. when we will find out if it caused a health hazard. "mornings on 2" sta
. visibility is good. steve's back and he brought his good visibility with him. there are no major problems on 880 in oakland. you can see that traffic is looking good in both directions. we've had some slowing. livermore valley, and the altamont pass coming into the main part of livermore, we've had a lot of fender-benders. i think a lot of people are on the road there. when you reach the 680 interchange, it's better. let's go to sal. >>> we have good visibility. patchy high clouds, patchy low clouds. today is the tweener day. we'll get some cloudy skies in here and then wednesday. sunny, high clouds, cloudy with rain developing. the testimony will probably weaken considerly, maybe .75. any rain after the system? no. one and done. that's been the pattern since january. the trend is your friend. we'll get one system that i'm standing in front of. it looks good. it is good. it has more show than good. we'll still get some rain out of it. had it has some midlatitude moisture. we'll get the clouds later today. mostly sunny and then turning cloudy to m
paribas and former economist for the u.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they making the situation worse? >> not politically. if tomorrow you wake up and you find there is a 10% tax on your bank deposits, you will not be happy. if you're a politician in cyprus you're dealing with this and they're bank backing away from it. it was a bad idea in the first place. cyprus needs $10 billion from the european union and the european central bank and they have given others like greece hundreds of billions of dollars. so they're upset. the cypriot banks are insolvent. they're going, they will get a run. melissa: they are insolvent and they will get a run, yeah. >> but it's not cyprus's fault in my view. melissa
in over the pass. but no problems into castro valley. let's go to steve. >> thank you. mostly clear. patchy low clouds. they are going north to south. they'll eventually clear out. our system from yesterday is moved into southern california. much lower pressure down there. higher pressure up here. a little breezy. although the wind seems to have tailed off. san francisco sitting at 46. a high of 59 today which is slightly below average. closer to 64 tomorrow. today even though sunny, a breeze will take the edge off. if you can get a north wind, that will help. patchy low clouds. clear breezy for some. not for all. pretty good breeze on the higher elevations. sunny today and that wind will pick up. one system moves out and high pressure moves in. north to south and that's taking things out of the picture. lake port 36. monterio 39. petaluma 40. a little chilly there. i'd say so. it's 40 there. upper 30s for na pa airport. and santa rosa's in there. and low cloud deck keeping temperatures in the mid 40s. concord, walnut creek. 41. 39 r eno. cold windy. pretty chilly and that breeze w
york stock exchange. steve liesman is at the bernanke conference in the room there. is that it? that's all the people we could bring in here? mark, you've been sitting here with us. what did you make of what you heard today and the market response? >> i thought narcotmarket respos very good, bill. and i commend the committee. i think they're doing a phenomenal job at this point in time, really. investor sentiment is rising. as long as unemployment remains above 6.5%, i think the fed will do everything to provide accommodative policy. their mandate is to get the unemployment rate below 6.5%, and i think investors, overall, at least my clients and i sense that of other clients, they're feeling really good about the risk assets right now, versus, you know, what might be going on in the economy. >> right. but i guess, kenny palkari, you've been watching the story from the floor there. what kind of flow did you see as bernanke was talking? is there any feeling that anything changes for the foreseeable future? >> no, there is not. and you know, we've actually been talking about this for a
there a little bit about cyprus. does it matter, do we care or not? will we get a deal? checking it out. steve sedgwick in moscow earlier today. russia's been a big player in this drama but our international correspondent, chief international correspondent michelle caruso-cabrera is in cyprus for us now. michelle? >> reporter: tyler, the situation in cyprus is incredibly unclear and increasingly chaotic. the parliament of this country was supposed to vote ten hours ago to pass a law that would allow them to restructure the banks. we're still waiting. it's unclear if they are going to vote today at all. at the same time we're getting reports that maybe the european union is going to demand even more from this country. hours ago we were told by the leader -- the head of the leading party that they were extremely close to a deal and yet we still wait. the same time it's growing increasingly chaotic in this country's economy because the banks are still closed. they have been closed for seven days now. it looks like they will be closed for at least ten days. that means people running businesses can
of a bounce, i don't see much selling off. >> all right. dead money. steve, what about you? you worry about this sales stumble? >> bill, i really do. i will tell you, the way oracle talked about its sales force, i don't think that those folks today are playing hooky from work and watching the ncaa tournament. i think they're making a lot of calls today. >> you think? >> but i don't know that it's just oracle-specific. i think it might be broader and more about technology capex spending. if you look about a month ago, we saw the purer cloud plays, and oracle is struggling right now in the cloud, but the purer cloud plays, companies like rack space, they dipped down about a month ago. now we're seeing the bigger, older tech giants like oracle, like cisco, for instance, start to similarly trail off. i think it is a sign that the global economy is weak, and companies, while they are very profitable, they are not reinvesting those profits into capex spending, whether it be in technology or elsewhere. so i think it's troubling for technology as a whole. >> wait a minute, are you guys agreeing wit
in cyprus. a place where a lot of powerful russians have an awful lot of money. steve sedgwick is live in moscow reporting on possible russian solutions for us. good evening, steve. >> reporter: yeah, a very good evening to you. well, look, i've just been to a meeting this morning between the european commission president, barroso, and the prime minister of russia, mr. medvedev. and despite the very fine words on the surface, it is very clear the russians are very upset with the europeans. as you mentioned, sue, a huge amount of interest the russians have down in cyprus as well. and they're really upset they weren't included in the negotiations for some form of bailout package initially. they've said the europeans have behaved like a bully in a china shop. they've also said they've done everything wrong. and this is the best one i thought. they're accusing them of absolutely misappropriating assets akin to something that happened in the soviet era. this is the russians telling the europeans they're doing something completely wrong on property rights. quite extraordinary. the russians h
. kelly, back to you. >> steve, thanks very much for that. any deal with russia may be premature certainly isn't going to calm things in cyprus. this morning, the european central bank in a statement has said in order to continue its emergency liquidity systems past monday the 25th, cyprus has to have a bailout in place. any prospect of that? >> well, that adds a sense of urgency to the situation. timing is really crucial here. and now with this ultimatum from the ecb, the cypriot banks are hoping that a deal can be found as soon as possible. because what they've been relying on over the last couple of days and weeks is that eoa assistance from the ecb. that, kelly, is the main reason why they have been able to stay solve solvent. but i want to come back to a point that steve brought up this morning. but would one bailout deal even be enough? 5.8 billion euros don't seem enough when the banks do reopen next tuesday and we're likely going to see big depositit outflows. one economist i talked to this morning said to me, what's really likely at this point is that we're going to see a second b
to within a few of an all-time high. steve leaseman tells us where we go from here. >> the federal reserve voting 11 to 1 to keep its policy in place and purchasing $85 billion a month in treasury and mortgage-backed securities in an effort to drive down long-term interest rates. but the federal reserve chairman in the press conference after the statement came out, suggested that the fed may reduce the amount of monthly purchases if he sees sustained improvement. >> we are seeing improvement. i think one thing we would need is to make sure that this is not a temporary improvement. so we've seen periods before where we had as many as 300,000 jobs for a couple of months and then things weeken again. i think an important criterion would be sustained for a number of months. >> significantly, the federal reserve did reduce its outlook for unemployment in the united states. the fed saying that it sees unemployment falling to 6.85% is in in 2014. that's the first time since the fed has been forecasting and making those public that it's been below 7%, a quicker pace of improvement in the unemploym
, the big part of the story is russia. will russia rescue cyrus and their own tax laundering haven. steve is in moscow. >> reporter: yes they came to russia looking for financial support for their country after they brokered a deal in the terms of the european union. the russians have a lot of skin in the game, a huge amount of money flows between the two countries and cyprus has become an off shore type bank for them. in the interest of the russians to get a deal. but i spoke earlier to the finance minister of cyprus about the prospects of a deal. in terms of the support are we talking about a change of items for the current -- change of terms for the 2.5 billion euro loan and more in addition to that? >> no we are talking about it in terms beyond that. >> what terms would those be? >> we don't know yet, we don't know yet. we don't have any deals and we are continuing the discussions and they are waiting for us for discussions in another place. >> how long will the discussions take? >> we will be here until we get some agreement. it appears that late in the day, larry, we have not got a
that the cyprus crisis will not be fixed any time soon and will come with serious consequences. steve sedgwick is standing by with the latest from there. but first our own michelle crew c caruso-cabrera is live in cyprus. >> reporter: the situation here grows increasingly desperate. they're down to the wire. cyprus government has to make a decision about what they're going to do. look at the lines that have started to form at nearly every atm of the bank here in cyprus, this liky is considered one of the weakest. they're still able to get money out of the atms in cyprus though banks have been closed all week and won't reopen until tuesday at the earliest. people in line are quite frightened because they know that this is the weakest bank and there had been rumors about it. it is likely to be part of any consolidation effort is that ultimately is what happened. that's every single day likely to be the case. listen to what one man said. he's been taking out money every single day. >> i just took $1,000. i've been taking $1,000 every day. personally i'm taking this money and cash with me to the u
on february 6th steve in florida called for input on black rock kelso capital, bkcc for all you home gamers. i didn't know it and introduced digging, black rock kelso invests in what are known as middle-market businesses, companies with revenues between $50 and $500 million. the stock yields a 10.4% yield which seems like a red flag, but as you know we find sky high yields a worry, but this is a investment company that trades with the elevated payouts. at the same time, we are a private equity player like black stone, more upside and more predictability. next up brett was one of my amertus with one of the largest networks of assisted living, retirement and alzheimer communities in north america. they care for seniors who can't stay home alone anymore but not in need of nursing care chchlt is a stress full-time for everyone involved. the company on some 190 communities leases now is 141, about 30,000 units. i think amertus is in the baby boom for my generation. did you get an excellent entry point here? let's check your tweets send to @jimcramer on twitter. visited twitter yesterday and had a t
. should you be using this company to build up your portfolio? ceo steve burke wits joining us coming up next in a fox business exclusive. ♪ thank you orville and wilbur... .amelia... neil and buzz: for teaching us that you can't create t future... by clinging to the past. and with that: you'reistory. instead of looking behind... delta is looking beyond. 80 thousand of us inveing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleast gas turbines are now powering some of america's biggest cities. siemens. answers. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to knowxactly how much i'm paying. i want to
of people wrote them off of after steve jobs. >> that's a good one. when you beat the street, and one of the best when you talk about tech. adobe up 5.5% and obviously a leader and raised their full year numbers and when you do that, that helps things along as well. charles: i tell you what, all green arrows and great stories. thanks a lot, nicole. >> thanks. charles: russia to the rescue? that's right, cyprus' financial ministers in russia right now and you think he's pleading for a financial lifeline, but cyprus actually denies that. now though russia help-- we know if it comes, it's not for free, despite the low interest rate loan they've given. they want to tap the natural gas and established a navy base in the mediterranean and we've got donald jenson, an expert on russia and the russian mob and joins us now. >> i think one of the things that makes the whole deal palatable was that the money was being taken to the russian mob and that's okay. was that really the case? >> i think the mob broadly understood, yes. the germans in particular have long been concerned about rumors that
the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it would be game, set, match, right? everything is riding on this blackberry thing at this point given what the stock has done. if there's anything less than a blockbuster, what happens to the stock? >> i think that -- yes. i think we're in the first 48 hours thing and we'll will have one of those things and if it's a dud, but the press reports have been pretty good about it, and i think there are people who are still wedded to the keyboard. i think it's okay. >> i think it depends on how you're valuing the stock. there are some analysts throughout in their models they assigned nothing in the device part of the business. >> that was that great -- the sum of the parts analysis and unfortunately the parts are together right now. so the only time we'll see that value is if parts are actually apart. >> a lot of breakup analys
Search Results 0 to 19 of about 20 (some duplicates have been removed)